MCX Technologies Corp (MCX) — Working Capital to Net Assets Ratio
MCX Technologies Corp (MCX) has a Working Capital to Net Assets ratio of 100.0% as of March 2024. Working capital of CA$-52.89K (current assets of CA$43.52K minus current liabilities of CA$96.41K) is measured against net assets of CA$-52.89K. A higher ratio indicates strong short-term liquidity financed by the equity base. See MCX Technologies Corp free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
MCX Technologies Corp Working Capital to Net Assets (2016–2023)
This chart shows how MCX Technologies Corp's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2016 to 2023. As of March 2024, the ratio stands at 100.0%, reflecting working capital of CA$-52.89K against net assets of CA$-52.89K CAD. See MCX Technologies Corp defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for MCX Technologies Corp (2016–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for MCX Technologies Corp from 2016 to 2023, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see MCX Technologies Corp market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 137.7% | CA$-58.90K | CA$-42.77K | CA$46.07K | CA$104.97K | ▲ +201.4 pp |
| 2022 | -63.7% | CA$-98.38K | CA$154.36K | CA$18.12K | CA$116.50K | ▼ -71.7 pp |
| 2021 | 8.0% | CA$49.54K | CA$619.91K | CA$222.27K | CA$172.72K | ▼ -4.2 pp |
| 2020 | 12.2% | CA$114.50K | CA$941.52K | CA$297.96K | CA$183.47K | ▼ -72.3 pp |
| 2019 | 84.5% | CA$779.76K | CA$922.76K | CA$1.08 Million | CA$295.40K | ▲ +1.3 pp |
| 2018 | 83.2% | CA$1.35 Million | CA$1.62 Million | CA$1.69 Million | CA$344.35K | ▲ +4.2 pp |
| 2017 | 79.0% | CA$1.58 Million | CA$2.01 Million | CA$1.89 Million | CA$306.33K | ▲ +2.7 pp |
| 2016 | 76.3% | CA$1.76 Million | CA$2.31 Million | CA$1.96 Million | CA$193.00K | — |